Temasek weighs more ASEAN plant-based food factories

After Singapore, state investor eyes Thailand, Indonesia to capture growing demand

20220720 Temasek Plant

Demand for meat substitutes is growing in Asia, as environmental concerns over traditional farming push more consumers toward plant-based alternatives. (Source photos by Dylan Loh)

DYLAN LOH, Nikkei staff writer

SINGAPORE -- Singapore state investor Temasek is weighing on opening more factories in Southeast Asia to produce plant-based food after it launched its first in the city state through its joint venture Cremer Sustainable Foods on Wednesday.

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